
Cheap Apartments for Rent in the Brendonwood Neighborhood of Indianapolis, IN from $437 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in the Brendonwood area of Indianapolis.


Total Monthly Price
M Club Apartments

Timber Point Apartments

Brookhaven Apartments

The Life at Harrison Trails

Trails at Lakeside

The Prairies Apartment Homes

Chateau De Ville
Indy's Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Find your dream job and perfect neighborhood in Indy. Discover major companies and the best places to live for young professionals and families, from historic districts to quiet, upscale communities.

Apartments @ Marten Court

Williamsburg North

6118 Dickson Rd

6059 Dickson Rd

Park Forest Apartments

Castleton Manor Apartments

TGM Avalon Lake

A62 Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Fallwood

The Residences on 56th

4939 Katherine Dr

The Lenox Apartment Homes

5976 Radnor Rd

4200 N Arlington Ave, Unit 3

5960 42nd St

3934 N Grand Ave, Unit 3N
Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
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Heritage Apartments

5976 Radnor Rd, Unit 5936 - 2B

6302 Rucker Rd

6302 Rucker Rd, Unit 6302-B

Canterbury House Apartments - Franklin Road

Lakes at Crossbridge

3825 N Whittier Pl

Peppermill Farms
Brendonwood - One of the Best Affordable Neighborhoods in Indianapolis
Named as one of the Best Affordable Neighborhoods to rent in Indianapolis by our Local Expert Wendy Melton. See how it ranks!

Autumn Trails Apartments

Trenton House Apartments

Lawrence Landing

6111 Laurel Hall Dr

6118 Dickson Rd

6028 Laurel Hall Dr

5541 E 40th St

Chateau in the Woods
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Fountain Parc

4651 Dean St
Brendonwood, Indianapolis, IN Local Guide

How much does it cost to rent an apartment in Brendonwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Brendonwood Studio Apartments | $871 | $649 | $1,151 |
| Brendonwood 1 Bedroom Apartments | $1,012 | $830 | $1,350 |
| Brendonwood 2 Bedroom Apartments | $1,238 | $900 | $1,718 |
| Brendonwood 3 Bedroom Apartments | $1,787 | $1,050 | $7,668 |
| Brendonwood 4 Bedroom Apartments | $1,521 | $1,410 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 42 rentals with your search options within a 2 mile radius of the Brendonwood Neighborhood of Indianapolis, IN.
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Brendonwood, Indianapolis, IN Local Guide
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Cheapest Available Brendonwood Apartments for Rent
 The cheapest available apartment rental in the Brendonwood area of Indianapolis, IN is a Studio unit found at Franklin Studios priced from $649. M Club Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here are the most affordable Brendonwood apartments for rent in Indianapolis, IN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Franklin Studios | Studio | Studio, 1BA | $649 |
| M Club Apartments | A1 | 1BR, 1BA | $784 |
| Timber Point Apartments | The Ayers | 1BR, 1BA | $815 |
| Brookhaven Apartments | 1 Bed 1 Bath | 1BR, 1BA | $825 |
| Trails at Lakeside | Victoria | 1BR, 1BA | $895 |
| The Prairies Apartment Homes | 1x1 Classic | 1BR, 1BA | $899 |
| Chateau De Ville | S1 Bordeaux | Studio, 1BA | $923 |
| Apartments @ Marten Court | 1x1 | 1BR, 1BA | $925 |
| Lawrence Landing | One Bedroom | 1BR, 1BA | $934 |
| Williamsburg North | Ashland | 1BR, 1BA | $950 |
Best Value Apartments for Rent in Brendonwood, IN
As of September 18, 2026 the best value apartment in the Brendonwood area is the $1.07 price per square foot 2 BR / 1.5 BA Model at Shadeland Terrace Townhomes w/Full Basements in the Southeast Indianapolis neighborhood starting from $1,395. The second greatest value Brendonwood apartment is the 2 Bed 1 Bath Model at Brookhaven Apartments in the Southeast Indianapolis neighborhood starting at $1,075 with a $0.91 price per square foot. Here is today’s list of the best values for Brendonwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shadeland Terrace Townhomes w/Full Basements | 2 BR / 1.5 BA | 2BR, 1.5BA | $1.07 |
| Brookhaven Apartments | 2 Bed 1 Bath | 2BR, 1BA | $0.91 |
| The Lenox Apartment Homes | The Bedford - Renovated | 2BR, 2BA | $1.21 |
| Park Forest Apartments | 2BR/1BA | 2BR, 1BA | $1.07 |
| Apartments @ Marten Court | 2x1 | 2BR, 1BA | $1.15 |
| 6028 Laurel Hall Dr | 2BR/1.0BA | 2BR, 1BA | $1.09 |
| Lawrence Landing | One Bedroom | 1BR, 1BA | $1.10 |
| Castleton Manor Apartments | The Banyan | 1BR, 1.5BA | $1.25 |
| Williamsburg North | Ashland | 1BR, 1BA | $1.21 |
| Timber Point Apartments | The Ayers | 1BR, 1BA | $1.12 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleYour Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Learn About the Best Neighborhoods to Rent Near College Campuses in Indianapolis, IN | Find Charlotte Indianapolis Student Housing at ApartmentHomeLiving.com
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Lifestyle Ratings
Our team is proud to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across Indiana and customized analysis for Northeast Indianapolis. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Brendonwood Apartments
What is a cheap apartment in Brendonwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Brendonwood is under $950.
What is the price of a cheap apartment in Brendonwood?
The cheapest apartment in Brendonwood is Timber Point Apartments which is listed at $815, while the average apartment in Brendonwood costs $1,162.
What types of apartments are the cheapest in Brendonwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 26 regular apartments in Brendonwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Brendonwood?
Cheap apartments in Brendonwood have an average cost of $292 which is $870 cheaper than the average rent for all rentals in Brendonwood.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Welcome to Indy: A Local Expert's Guide to the City's Best Short-Term Rental Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I am the local expert for ApartmentHomeLiving.com in the Indianapolis area. Being born and raised in Indiana, I know the true meaning of Hoosier hospitality.

Indys Innovation Hub: Top Indianapolis Employers and the Neighborhoods that Welcome You Home
Written by: Wendy Melton
Indianapolis is truly the heart of the Midwest. No matter what career path you choose, opportunities for advancement are everywhere.

Find Your Indy Home: A Guide to Indianapolis Apartment Rentals and Neighborhoods
Written by: Wendy Melton
My name is Wendy, and I've lived in Indiana for most of my life. Indianapolis is our state capital, and many people consider it the heart of the Midwest. People come from all around to explore everything Indianapolis has to offer.

Your Guide to Picking the Perfect Indianapolis Neighborhood for Student Renters
Written by: Wendy Melton
Indianapolis is well-known for being one of the top college cities in the country. Local colleges and universities are ranked in the Top 10 when it comes to sports and academic excellence.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.